Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

Ecobank staff jailed for N2.4m cybercrime

Banker sentenced for impersonating customer and diverting funds

admin by admin
June 17, 2025
in Banking, Crime, Human Interest, News
0
Ecobank staff jailed for N2.4m cybercrime
0
SHARES
7
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Federal High Court sitting in Ikoyi, Lagos State, has sentenced a staff of Ecobank PLC, Solomon Stephen Ufayo to one year imprisonment for cybercrime.

Ufayo was arraigned on May 16, 2025, by the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on a one count charge of cybercrime involving the sum of N2,404,000.

The charge read:

“That you, Solomon Stephen Ufayo, between the 10th and 28th day of March 2025, in Lagos within the jurisdiction of this Honourable Court, while employed as a Relief Teller at Ecobank Nigeria Limited, fraudulently represented yourself as Ogunfodunrin Omowunmi Ajoke by posting false deposit and withdrawal tellers on her Ecobank account number 2801086259 with intent to gain an advantage for yourself, thereby committing an offence contrary to Section 22, 2, b, i, of the Cybercrime, Prohibition, Prevention, etc. Act, 2015 and punishable under Section 22, 2, b, of the same Act.”

READ ALSO:EFCC arraigns SunTrust Bank executives over $12m

Ufayo pleaded guilty to the charge when it was read to him.

Following his plea, prosecution counsel Abdulhamid Tukur called EFCC operative David Gajere to present the facts of the case. Gajere testified that Ufayo, in his role as a Relief Teller, impersonated a customer, Omowunmi Ajoke, and posted false deposit transactions to her account. He then used falsified withdrawal slips to transfer a total of N2,404,000 into his own Opay account.

Gajere also informed the court that the defendant provided a voluntary statement and issued a bank draft for N2,404,000 as restitution to the victim.

At the sentencing, Ufayo appealed for leniency, explaining that he committed the offence out of desperation as his wife was pregnant and he needed financial assistance.

Presiding judge Justice Yellim Bogoro sentenced him to one year in prison with an option of a N500,000 fine. Additionally, the court ordered him to perform two weeks of community service.

THE CONCLAVE

Tags: CybercrimeEcobankFederal high court ikoyiJustice Yellim Bogoro
Previous Post

Chelsea shine in opener as Club World Cup heats up

Next Post

Harvard extends court’s restriction on President Trump’s visa ban

admin

admin

Next Post

Harvard extends court's restriction on President Trump's visa ban

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
In the dark: UCH’s mounting power crisis

Is UCH in darkness: Need for responsible journalism!

February 9, 2025
Tiktok

Court remands Tik Toker for posting President Tinubu’s obituary

July 25, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
Labour Party

Court affirms Nenadi Usman as LP leader

April 21, 2026
INEC Chairman, Prof. Joash Amupitan

INEC gives SDP full compliance recognition

April 21, 2026
Nigerian scholar Habeeb Abdulrauf

Nigerian scholar wins tech award in US

April 21, 2026
Osigwe takes oath of office as 32nd NBA President 

EFCC nabs fake lawyer with NBA seal

April 21, 2026

Recent News

Labour Party

Court affirms Nenadi Usman as LP leader

April 21, 2026
INEC Chairman, Prof. Joash Amupitan

INEC gives SDP full compliance recognition

April 21, 2026
Nigerian scholar Habeeb Abdulrauf

Nigerian scholar wins tech award in US

April 21, 2026
Osigwe takes oath of office as 32nd NBA President 

EFCC nabs fake lawyer with NBA seal

April 21, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

Labour Party

Court affirms Nenadi Usman as LP leader

April 21, 2026
INEC Chairman, Prof. Joash Amupitan

INEC gives SDP full compliance recognition

April 21, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.